Sinda Ltd Reported Q2 Net Loss Of $(16.6)M Vs $(2.2)M YoY
Reported a net loss of $16.6 million for the three months ended June 30, 2026, compared to a net loss of $2.2 million in the second quarter of 2025. The increase was driven by planned growth in exploration and
Sinda's losses grew much bigger this quarter—from $2.2 million to $16.6 million—mostly because they spent more money exploring for new resources. When a company loses more money on purpose to grow, watch if they find valuable stuff soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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